Most mainstream neoclassical economists completely failed to anticipate the crisis which broke in 2007 and 2008. There … writers to incorporate an analysis of periodic crisis in his analysis of capitalist accumulation. The paper then considers the …

-implied subsidies predict the Federal Reserve's liquidity facility loans and the Treasury's TARP loans during the crisis, both in the … time series and the cross section. TSIZE-implied subsidies increase around the bailout of Continental Illinois in 1984 and …

This paper investigates Germany's vulnerability to the ongoing Euroland crisis. In 2010-11, Germany experienced a … strong rebound from the global financial crisis of 2008-09. The Euroland crisis then meant record low interest rates and a … depressed euro that boosted German extra-area exports. But the crisis that started in Euroland's so-called periphery has …